3-month interest exemption, smaller instalments for affected B50 borrowers


Prime Minister Ismail Sabri Yaakob says the facilities under the Financial Management and Resilience Programme will include interest exemption for three months and smaller instalments for up to 24 months as well as a lower interest rate. – The Malaysian Insight file pic, October 13, 2021.

PRIME Minister Ismail Sabri Yaakob said today the Financial Management and Resilience Programme (Urus) for affected borrowers in the B50 group will be set up by the banking sector soon.

Facilities to be provided include interest exemption for three months and smaller instalments for up to 24 months as well as a lower interest rate.


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